North America's largest injection molders are getting some fresh leadership.
Both Berry Global Group Inc. — which ranked No. 1 in the most recent Plastics News ranking — and IAC Group, ranked No. 2, named new CEOs on Aug. 15. And both new leaders were picked from outside their respective companies, but both also have experience elsewhere in the end market.
Kevin Kwilinski is set to take over Evansville, Ind.-based packaging supplier Berry in October as Tom Salmon retires. Kevin Baird takes over IAC from David Prystash, who is retiring after less than three years ago at the company.
Kwilinski comes to Berry from label maker Multi-Color Corp., while Baird was an executive at auto supplier Tenneco and is the former CEO of SRG Global Inc., currently the No. 6 injection molder in North America, according to PN data.
And, as expected for global businesses these days, both companies have undergone a lot of changes in the last few years. Berry is in the midst of cost-cutting that is seeing it close 20 sites while responding to activist shareholders who want to see more value to their stocks. IAC has been rebuilding since a combination of COVID-19 and computer chip shortages tied up auto manufacturing.